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Global Trade Alert

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South Africa: NDB and Transnet sign a ZAR 5 billion loan agreement

Description

On 30 August 2024, the New Development Bank (NDB) announced a ZAR 5 billion (USD 280.37 million) loan agreement with Transnet, a state-owned freight transportation company. According to the NDB, the l...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Aug 2024

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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